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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Aug. 31, 2022
Aug. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (139,662) $ (3,002,348)
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Depreciation of music inventory 389 682
Expense from derivative liability 0 1,271,434
Amortization of debt discounts 0 100,374
Loss on conversion of notes payable and accrued interest 0 1,453,492
Default interest added to notes payable and accrued interest 0 102,400
Changes in operating assets and liabilities:    
Accounts payable 20,421 0
Accrued interest payable on notes payable 36,357 40,489
Accrued consulting fees 55,700 25,000
Net Cash Used by Operating Activities (26,795) (8,477)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Bank overdraft 62 2,249
Proceeds from notes payable 38,880 0
Repayments of notes payable to related parties (12,500) (25,272)
Net proceeds from notes payable to related parties 0 31,500
Net Cash Provided by Financing Activities 26,442 8,477
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (353) 0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 353 0
CASH AND CASH EQUIVALENTS, END OF PERIOD 0 0
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest 0 0
Income taxes 0 0
Non-cash investing and financing activities:    
Initial derivative liability charged to debt discounts 0 238,596
Conversion of debt and accrued interest into common stock 0 49,608
Accrued interest added to notes payable principal balance $ 0 $ 25,696